Sherwin-Williams Company (The)Close $352.48EOD only
Max Pain
$320.00
Next expiry Jul 17, 2026
Expected Move
±$14.70
4.2% from close
Price Gap
-32.48
Distance to max pain
IV Rank
17
Low premium
P/C OI
0.87
Slightly call-heavy
Consensus
—
No reports available
Published snapshot: Jul 2, 2026 close
End-of-day snapshot
This page reflects SHW options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Jul 2, 2026 close
Max Pain — SHW
Data as of market close Jul 2, 2026
Nearest listed expiration 2026-07-17 shows max pain at $320.00 (32.48 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$320.00
Nearest expiry
Expected Move
±$14.70
±4.2%
Days to Expiry
15
Calendar days
Total Call OI
1,793
Nearest expiry
Total Put OI
1,793
Nearest expiry
P/C OI Ratio
1.00
Put-heavy
Spot Price
$352.48
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-07-17
Expiration
Max Pain Strike
Last Updated
2026-05-15
$320.00
5/15/2026, 11:36:14 PM
2026-06-18
$310.00
6/18/2026, 11:31:20 PM
2026-07-17NextUpdated
$320.00
7/3/2026, 11:30:39 PM
2026-08-21
$330.00
7/3/2026, 11:30:39 PM
2026-09-18
$330.00
7/3/2026, 11:30:39 PM
2026-12-18
$330.00
7/3/2026, 11:30:39 PM
2027-01-15
$310.00
7/3/2026, 11:30:39 PM
2027-03-19
$320.00
7/3/2026, 11:30:39 PM
Selected expiration: 2026-07-17 at max pain $320.00.
SHW pain by strike for 2026-07-17 expiration
Strike
Call Pain
Put Pain
Total Pain
185
0
18954500
18954500
190
0
18068500
18068500
195
0
17185000
17185000
210
0
14536000
14536000
220
0
12771000
12771000
230
1000
11006000
11007000
240
7000
9243000
9250000
250
13000
7546000
7559000
260
19000
5863000
5882000
270
27000
4302000
4329000
280
40000
2794000
2834000
290
58000
1606000
1664000
300
84000
1093000
1177000
310
149000
670000
819000
320
316000
364000
680000
330
937000
136000
1073000
340
1985000
5000
1990000
350
3393000
0
3393000
360
5002000
0
5002000
370
6767000
0
6767000
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.